Newcastle Could Become A Takeover Target

Written by Dr. Ed Harrison

1:07pm Wednesday, February 26th, 2014

Commented 171 times

There’s no doubt that Newcastle’s financial results for the last year, which were released last night are very good, and there’s not too many clubs make £9.9M, but that’s because the big clubs are spending that money on good players.

Mike Ashley – running the club well – if only on the financial side Newcastle’s financial position – if not the position in the Premier League – is improving quickly, and Newcastle look to be a well run club, at least on the financial side of things.

Newcastle still owe Mike Ashley £129M, and there seems no hurry to pay off that debt but of course that adds to the cost of the club for a potential buyer.

Of course other owners have given huge loans to their clubs, and then simply excused the loans – but we don’t expect for one minute that Mike Ashley will do that – and in any case £129M is a lot of money.

But maybe if the club started to pay off the loan in the coming years, when profits are expected to surge, then the cost of the club will go down and Newcastle may attract some buyers.

And now would be a decent time to buy Newcastle, with this financial year, which ends on June 30th likely to be stellar in terms of both revenue and profits.

And remember the first thing any potential buyer does is due diligence, which is basically to scour the financial books, to see what state the club is in – and from what we tell Newcastle’s financial position is very good – and that alone could attract buyers.

And to think Newcastle will be getting almost twice the money from the Premier League we received last year – and it’s expected to be around £80M.

If a buyer did come out of the blue and buy the club, there would be a lot of the club’s money to spend on new players this summer, at the end of the current financial year which ends this June 30th..

We’ll just have to see if that doesn’t happen, just how much Mike Ashley gives Alan Pardew to spend this summer – although Alan said earlier in the week it should be a nice piece of change.

What we really need is a good Director of Football, a football man, who’s job it is to build the side into a top four side in England, and that’s possible if Mike would give him the profits every year, and he can spend that on good players.

Ed, its in the accounts ,Mike has been taking money out of the club for his loan, im not sure if it was 9 or 11 million last season, and maybe the season before as well and you can bet 15/20 million at the end of this season.

Most the best DoF’s recently have been lawyers, bankers, etc. They need to be skilled negotiators, you can’t really send an ex-pro in (most of them can only speak in cliches & they get them wrong half the time), they’ll get destroyed by a Llambias, Cortese, or Comolli.

You need someone intelligent & ruthless to deal with agents. Not someone who used to be good at kicking a ball. I’d loved to have seen JFK’s negotiating skills.

my little list here is to prove that HBA is not as bad some think, infact given the no of games he has started , if the list is sorted into games started then minutes per goal or assist, he is fifth on the list

if as a team we are looking to score goals, both him and goofy are our best supply lines even with cabaye here,, and my honest opinion on cabaye is, he would be up there with Mata if he played higher up the pitch, but for a lot of games, he sat along side tiote as DMC what a waste

Mash is running the club as a business and nothing else, he’ll spend enough to hopefully keep us in the premier league. Its all about making money. He knows if we get into Europe he probably have to spend after the mistake last time, which he doesn’t want. He knows NUFC has plenty of fans willing to pay what ever players he fields. Its just a pitty he hadn’t a bit more know how on running a club since he pulls all the strings.

We have no say on what he does and he knows it and he is happy the way things are even if we’re not.

Pards is doing a good job as far as MA concerned, another more ambitious owner would have sacked him by now. Nothing going to change it’s just the way it is under Mash.

JimBOB @ 9 – That £129mill debt is going nowhere. Certainly not downwards. It’s Ashley’s insurance policy to stay here and milk the club for all its worth. I don’t know where all the money goes that is coming into this club but two things we know for sure. It ain’t paying the debt off and it ain’t buying new players. Just WHERE is it going?

Wynsleap I suppose Mash will always say the club ows him 129 mill, its a great way of saying that he can’t pay for the best player’s as he wants it down. One thing for certain I think he must be taking a good chunk back every year but no one will hear about it.

Hatem could offer a lot more in an attacking team which is based round knowing each others role inside out. Instead, he is made to look a failed maverick who runs into dead ends due to like lack of players moving around him and pre-planned cohesion training.

Every player makes wrong decisions which lead to the turnover of position. If they didn’t, everyone would finish the game with 100% pass completion and no tackles against them. Hatem looks worse because he is trying what most don’t. To take people on and make something happen.

Hatem is a dribbler, and can be an excellent one as well. He can also create chances out of nothing and score goals.

He can still provide product which also gets Pardew out of the mess like he did against Tottenham. Remy did it last game as well. Both, were poor games.

Pardew’s scapegoating of Ben Arfa is nothing short of a joke and a cover up for his own coaching ineptitude.

Last night while I was in the car and the commentators on Five Live were saying Man Utd look tired, lack of confidence and generally poor. Very un-Man Utd-like.

Is it a wonder that one of the best managers ever has gone and an inferior manager has taken over.

Those same players won the league by a big haul of points last year.

Wuz they toired? Wuz the grass too long? Wuz they too hyped? Wuz it Scoiyence? Or did they have an excellent manager who has now gone, therefore the way he got them playing goes too? It is pretty much the same players I think.

Put Arsene Wenger in charge of our players and watch the transformation in the players. No more playing poor and nicking a goal, or just playing poor and losing anyway.

Even Van Persie missed a great chance for them, albeit on his weaker foot. Like with Cisse, team form can affect how the forwards react too. It’s not cut and dry that they should just score. It is a deterioration process.

Would he have missed it if Man Utd were in confident and creative mood? Who knows. Top players miss good chances as standard.

should we owe him 129m anyway ? was some of that from future fee’s due on players we had purchased , everyone does business like that anyway , why the need to pay the mortgage off and turn it into debt to him?

Transfer, I like how balanced you try and keep things on here. I understand what you’re saying, I do. If we played like Everton have this year, I would agree that we’ll come back from it it.

However, poor performances aren’t washing with me anymore when it’s gone on as long as it has done under Pardew. It’s all the time and I’ve been sick of it since Reading and the build up to that game. How we got out of the Stoke game with even a draw is nothing short of a miracle with the two sending offs. Just as Krul miraculously saved us from a hammering at White Hart Lane. We got that hammering when they played us again anyway.

It wasn’t a team performance where we attacked well, kept possession and looked to be positive. It was a battering in that second half and Krul alone kept us in it at WHL.

6 points less for us would have put us in a lot worse state, plus the added multiplication of a losing mentality.

I’m looking at the bigger picture of constant clueless offensive play, not the micro events which lead us to somehow nicking a goal in an awful game until the last 10 minutes.

People like me have a moan at the way things are now, but remember, it is only a reflection on how we see things not improving on the pitch. Also, we were so bad against a Villa side who are equally as poor. It still took a piece of great play by a QPR player to win us the game.

Catchy, when Sir Bobby came in it showed what a very good manager can do to players who were only temporarily made to look poor by the previous manager. Robert lee and Alan were the scapegoats then as well, as you rightly say.

A new, capable manager would make some of our players shine without their oppressive shackles of negativity on them.

It’s sad how people still side with Pardew that the players somehow lose their abilities over night. Just like Man Utd players. Sir Alex got the very best out of some average players (and excellent players) in that team.

We make a lot of good players look poor due to Pardew’s limits as a manager.

Does anyone have any idea how the fat man managed to get us in £129m debt? and how he managed to swindle fat mike? He might be stupid & a terrible businessman/ chairman, but he walked away from St James laughing (as did John Hall)

Fatty doesn’t need the debt paid off and can use that as a stick to beat us with – from his perspective it a) puts off any would be buyers b) gets to use SJP as an advertising vehicle for his chav shop. c) can demand his debt back anytime he pleases d) club costs him nothing to run and he can install his mates in cushy jobs

Giving us the debt Interest free is a small price to pay when all he would get from a bank is 2 – 3% and yet he gets worldwide advertising and a toy.

i think you will find he would get a lot better return than that for a huge amount. Hes not on a personal banking plan at hsbc and that amount could accumulate a massive amount of interest in the right place. I would imagine it would be more than cost of advertising by some margin

Firstly I cannot believe that people on here are complaining that we are in profit!?!?!?!? WTF!! We are a well run company and proves money can be made in buying a football club, and if Ashey does decide to sell this is one hell of a bargaining chip!

Secondly last year we were on the verge of relegation and this year we look like 8th or 9th!! surely this progression!?!? There was no way we could compete for Champions League and do we really want Europa??

Thirdly = ED!! WTF is is going on with this blog when using mobiles?? It keeps asking me to either download lovelink apps or telling me that my phone has a virus!!

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health update

My latest bone scans and CAT scans were completed on Wednesday of this week and yesterday I met with my oncologist Dr. Dhruva to look over the results.

The stage four cancer remains stabilized and has not spread any further over the last six months.

I was diagnosed with stage 4 prostate cancer in early 2017 after being in remission for six years.

The cancer metastasized through the bones to different parts of the body and the treatment I am undergoing is hormone treatment.

There is no cure for stage 4 cancer but there are treatments (like Hormone treatment) that attempt to prolong life.

I am upbeat with the results and remain in awe of the doctors and nurses at the Rex Cancer Center here in Raleigh.

It's truly humbling to see how inspiring they are with their patients.

Ed Harrison

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